Fremsyn ApS — Credit Rating and Financial Key Figures

CVR number: 36463821
Diplomvej 381, 2800 Kongens Lyngby
kontakt@fremsyn.net
tel: 70202056
fremsyn.net

Company information

Official name
Fremsyn ApS
Personnel
16 persons
Established
2014
Company form
Private limited company
Industry

About Fremsyn ApS

Fremsyn ApS (CVR number: 36463821) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 7230.7 kDKK in 2023. The operating profit was -941.9 kDKK, while net earnings were -855.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.8 %, which can be considered poor and Return on Equity (ROE) was -101.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 8.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Fremsyn ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 061.002 694.004 939.215 616.277 230.67
EBIT470.00830.00110.63177.29- 941.87
Net earnings362.00628.0040.3299.07- 855.15
Shareholders equity total618.001 131.001 171.471 270.54415.40
Balance sheet total (assets)1 041.004 599.008 348.346 849.104 910.05
Net debt-67.001 041.003 359.23-64.38- 411.34
Profitability
EBIT-%
ROA57.5 %29.8 %2.4 %2.3 %-14.8 %
ROE82.8 %71.8 %3.5 %8.1 %-101.4 %
ROI92.0 %45.2 %3.9 %5.3 %-84.7 %
Economic value added (EVA)353.50616.9261.4893.31- 917.82
Solvency
Equity ratio59.4 %24.6 %14.0 %18.6 %8.5 %
Gearing18.8 %163.0 %331.2 %28.5 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.41.31.11.11.0
Current ratio2.41.31.11.11.0
Cash and cash equivalents183.00803.00520.42426.49412.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-14.8%
Rating: 5/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.46%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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